SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shriram Transport Finance Company increases fixed deposit rates

10 Aug 2022 Evaluate

Shriram Transport Finance Company has increased fixed deposit rates by up to 0.5 per cent across tenors with effect from August 10. The new interest rates will apply on deposit tenures between 12-60 months (1-5 years). With the hike in fixed deposit rates by 25-50 basis points or 0.25-0.50 per cent per annum across different tenures, customers can earn interest up to 8.75 per cent on fixed deposits, effective from August 10, 2022.

Senior citizens will get the benefit of an additional 0.50 per cent per annum interest on their deposits. Also, it will offer an additional interest of 0.25 per cent per annum on all renewals, where the deposit has matured.

Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.

Shriram Finance Share Price

1033.45 20.10 (1.98%)
15-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Finance 1021.50
Shriram Finance 1033.45
Aditya Birla Capital 404.10
Chola Invest & Fin. 1803.45
Tata Capital 357.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: